President Will Lead Task Force to Monitor De-Regulation Policy Packages

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation     Date 24 Mei 2016
Category: News
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Cabinet Secretary Pramono Anung answers questions from reporters after a limited cabinet meeting on Tuesday (24/5) at the Presidential Office, Jakarta

President Joko ‘Jokowi’ Widodo instructs Coordinating Minister for the Economy Darmin Nasution and Cabinet Secretary Pramono Anung to soon prepare and establish a task force to monitor the implementation of de-regulation policy packages.

The President himself will lead the task force. “We hope that all those de-regulation packages (1st-12th policy packages) can be implemented effectively from the Central Government to the regional governments.” Pramono said to reporters after the meeting.

President Jokowi made the instruction at the limited cabinet meeting on the Evaluation of the Economic De-Regulation Policy Packages held on Tuesday (24/5) at the Presidential Office.

Once a presidential regulation or a ministerial regulation (on economic policies or investment) is issued, regulations at the lower level will be declared null and void and must be eliminated, Pramono affirmed.

He also lamented there are still a number of ministerial regulations or regional laws in operation.

President Jokowi noted it would be ‘pointless’ if those policy packages, which are expected to bring medium-term and long-term benefits, cannot be immediately implemented, Pramono added.

Amidst global economic slowdown, Indonesia’s growth in the First Quarter is expected to reach 4.92 percent and in the Second Quarter it is expected to be higher than that of the same period last year. The Government hopes the economic growth at the Second Quarter and the next quarters will improve.

Indonesia’s economic growth last year was recorded at 4.7 percent.

“The President has also instructed related ministers to take measures to improve Indonesia’s ease of doing business index from rank 109 into 40,” Pramono concluded.(DND/FID/ES) (Naster/YM/EP)

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